Crucial 2011 Annual Report Download - page 146

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INOTERA MEMORIES, INC.
STATEMENTS OF OPERATIONS
FOR THE YEARS ENDED DECEMBER 31, 2008, 2009 AND 2010
(Expressed in thousands of New Taiwan Dollars, except for loss per share)
See accompanying notes to financial statements.
For the years ended December 31,
2008
2009
2010
Operating revenues
Sales revenue
$
37,587,140
36,107,257
41,455,431
Sales returns
(6,400
)
(3,219
)
(1,410
)
Sales allowances
(41,122
)
(452
)
(2
)
Net operating revenues (note 20)
37,539,618
36,103,586
41,454,019
Cost of goods sold (notes 6, 9, 17 and 20)
(51,440,189
)
(44,742,915
)
(48,856,906
)
Gross loss
(13,900,571
)
(8,639,329
)
(7,402,887
)
Operating expenses (note 17):
Administrative and general expenses
(3,682,210
)
(320,472
)
(333,070
)
Research and development expenses (note 10)
(488,026
)
(681,033
)
(1,477,893
)
Total operating expenses
(4,170,236
)
(1,001,505
)
(1,810,963
)
Operating loss
(18,070,807
)
(9,640,834
)
(9,213,850
)
Non-operating income and gains:
Interest income (notes 7 and 20)
103,333
74,001
32,232
Foreign exchange gain, net -
-
111,990
Gain on valuation of financial assets (note 5) -
-
2,713
Others (notes 7, 9 and 20)
51,913
131,916
94,345
Total non-operating income and gains
155,246
205,917
241,280
Non-operating expenses and losses:
Interest expenses (notes 8, 9 and 20)
(2,140,017
)
(1,622,682
)
(1,305,063
)
Foreign exchange loss, net
(299,459
)
(86,988
)
-
Loss on inventory obsolescence and devaluation
(853,946
)
-
-
Impairment loss (note 8) -
(1,098
)
(236,763
)
Loss on valuation of financial assets (note 5)
(538,811
)
(80,091
)
-
Loss on valuation of financial liabilities (note 5) -
(229,677
)
(91,439
)
Others
(20,012
)
(21,474
)
(55,477
)
Total non-operating expenses and losses
(3,852,245
)
(2,042,010
)
(1,688,742
)
Loss before income tax
(21,767,806
)
(11,476,927
)
(10,661,312
)
Income tax expense (note 16)
(8,092
)
-
-
Net loss
$
(21,775,898
)
(11,476,927
)
(10,661,312
)
Basic loss per share (note 18)
Before tax
$
(6.52
)
(3.19
)
(2.34
)
After tax
$
(6.52
)
(3.19
)
(2.34
)